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Gordon Gecko without the insider trading or a hedge fund manager.. with this at my disposal..!


http://www.elitetrader.com/vb/attachment.php?s=&postid=719192
| quote: | In the past few years, running a few hundred million dollars for a hedge fund—and taking tens of millions for yourself—has become the going Wall Street dream. And this high-risk, high-return trading game has lured plenty of dreamers. Nowadays, people like Zach—young, aggressive, impatient—seem to be all over. There are currently about 7,000 hedge funds, 95 percent of which didn’t exist ten years ago. Not that anyone knows exact numbers. In addition to being arrogant and insular, they’re also clandestine. “A guy can control a $5 billion fund, and you have no idea who he is,” explains one observer.
Most everyone, though, seems aware of the galling sums of money hedge-fund managers can pull in. What financial type hasn’t had shoved under his nose Institutional Investor’s list of the top hedge-fund earners? The bottom guy made $65 million last year, which happens to be more than the combined pay of the CEOs of Goldman Sachs, Morgan Stanley, and JPMorgan. “Never have so few made so much,” announced Institutional Investor. Even the manager of a smaller fund, someone like Zach’s boss at Pirate, which has $200 million in capital, is in line to make more than the CEO of General Electric, the fourth-largest company in the country.
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